MANGO FUND INC (EIN 900713427) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

GEORGE A VETH

Phone

6177971601

Tax Period

2023-01-01 to 2023-12-31

MANGO FUND INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $944K in total revenue in fiscal year 2023. Revenue surged 113% from the prior year, signaling strong growth momentum. The organization ran a surplus of $454K, a strong 48% operating margin.

Mission

PROVIDE ENTREPRENEURSHIP AND BUSINESS MANAGEMENT TRAINING FOR PEOPLE IN UGANDA AND OTHER COUNTRIES, INCLUDING EDUCATION FOR EMERGING ENTREPRENEURS AND THE INDIGENOUS PEOPLE, PROVIDE BUSINESS INCUBATION SERVICES FOR EDUCATIONAL PURPOSES, AND TO PROVIDE FINANCIAL CAPITAL FOR DEVELOPMENT WHERE THERE IS LITTLE ECONOMIC DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $464,986

Program Service Revenue $418,844

Investment Income $106

Other Revenue $59,837

TOTAL REVENUE $943,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $252,341

Fundraising Expenses $9,317

Program Expenses $449,295

Other Expenses $237,771

TOTAL EXPENSES $490,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$943,773	$443,090	+1.1%
Expenses	$490,112	$69,366	+6.1%
Net Income	$453,661	$373,724	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE VETH	PRESIDENT	5.00	Officer Director	$0	$0	$0
ANDY MILLS	DIRECTOR	5.00	Director	$0	$0	$0
THEODORE PANTONE	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$943,773	$490,112	$2,593,970	$453,661
2022	$443,090	$69,366	$3,060,694	$373,724
2021	$47,741	$53,224	$2,679,152	$-5,483
2020	$566,550	$63,005	$2,699,435	$503,545
2019	$125,075	$98,519	$2,223,764	$26,556
2018	$300,070	$70,872	$2,151,048	$229,198

MANGO FUND INC